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Wal-Mart Stores (NYSE: WMT) will be facing a class action lawsuit from more than 2 million former and current female employees over discrimination and bias after all. Earlier this week, an appeals court declined a request from world's largest employer to reconsider its decision to certify the case as a class action.
While this isn't a death sentence for Wal-Mart by any means, it's the start of what should be one of the largest class-action discrimination lawsuits in U.S. business history.
The lawsuit, originally filed in 2001 by six women, accuses the world's largest retailer of paying female employees less than male counterparts as well as passing over qualified female employees for promotions. It requested back pay and punitive damages as well as changes in Wal-Mart's employee practices. Wal-Mart responded by saying that it should be allowed to address each discrimination charge at each store on an individual basis.
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